Economic theory and philosophy Books

Book SynopsisIs economics a neutral scientific field, or is it riddled with eurocentric biases that stem from its origins in the development of capitalism, colonialism, and slavery? This book makes the case that economics cannot extricate itself from its highly problematic imperial context without a rigorous process of decolonization, which must involve questioning and re-assessing the development of the field and how it came to be represented as a universal and objective science. In doing so, argue the authors, we can challenge the existing intellectual hierarchies and show that the field as it stands now has become ill-equipped to tackle the critical questions of our time, such as structural racism, environmental crisis, informal labour relations and the role of power in shaping economic outcomes. A decolonized economics can help us pioneer alternative – and better – ways of understanding economic questions by introducing key interventions by non-Western thinkers and non-eurocentric theories. This is a critical guide for anyone intellectually curious to understand how economics can be decolonized and what can be learned from a decolonized economics.

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Book SynopsisTrade ReviewGrand Transitions shows Vaclav Smil truly to be Bringing It All Back Home * John Roy Porter, Natures Sciences Sociétés *Vaclav Smil is my favorite author. * Bill Gates, GatesNotes *His book roams impressively around the globe and across five centuries as it asks big questions and searches for big answers. . . .His five-pack of grand transitions encompasses population, agriculture and diets, energy, economy, and environment. . . . anyone who hasn't read about these subjects since graduation will be awestruck by the amount of research that has gone into these vaguely familiar stories. Smil pulls recent studies together, throws in a few of his own, offers interpretive twists, and fills his account with delicious nuggets of information. (This book actually got me in trouble at home, as I kept asking my family, "Did you know..." about some gem of an anecdote.) * Andre Schmid, Literary Review of Canada *No one writes about the great issues of our time with more rigor or erudition than Vaclav Smil. Grand Transitions is at once sweeping, sobering, and profoundly informative. * Elizabeth Kolbert, author of The Sixth Extinction, winner of the Pulitzer Prize *An expert portrait of spectacular technical and economic advances that many in the 21st century enjoy but which exclude large segments of the population and are creating problems that may or may not be solvable. Ingenious, insightful, and disturbing. * Kirkus *Underpinned by mesmerizing data and deep analysis, Grand Transitions provides a clear and compelling framework for thinking about the future of energy, the environment, and the economy. A feast for anyone interested in the future of energy. A must read. * Atul Arya, Chief Energy Strategist, IHS Markit *Grand Transitions is the epitome of excellence in integrative systemic scientific analysis, anchored in a magisterial exploration of the main five transitions of mankind since civilizations emerged. And it provides a healthy antidote to the wishful thinking so prevalent today. Decision makers and the public should educate themselves with this authoritative evaluation, which will shape their decisions on how to ensure a harmonious, sustainable future for all. * Didier Sornette, Professor of Entrepreneurial Risks and Finance, ETH Zurich *For a generation, polymath Vaclav Smil has expounded on the big patterns in energy, food, and other means through which humans have transformed their environment. In Grand Transitions he has zoomed out even further to paint a picture of how the pieces fit together and to explain how the modern world works. In elegant prose with relentless attention to fact and reality-rare these days-he has written a masterpiece that forces you to think, disagree, wonder, and grapple with the accomplishments and challenges of today's industrial society. * David G. Victor, Professor of International Relations, University of California, San Diego *In Grand Transitions, Vaclav Smil reminds us of the fundamental point that the economy cannot be untethered from nature. Technological ingenuity has loosened the links, but the outlook for economic gains--or losses--is inextricably tied to the dynamics of population change, and of food and energy production. * Diane Coyle, Bennett Professor of Public Policy, University of Cambridge *Investing requires quantification of impact. But Vaclav Smil convincingly challenges the increased reliance on applying mathematical modelling to single-frame narratives. He steadily illustrates why such approaches seldom provide useful enough insights, as they tend to ignore technical constraints and biospheric limits. * Philippe Rohner, Pictet Asset Management *Smil offers a sweeping account of the deep material forces that have shaped the modern world... He tells a remarkable story of the human capacity to innovate, build, and integrate societies across vast distances. * Foreign Affairs *Smil is a conjurer with numbers. In Grand Transitions, he works to show just how thoroughly this is now a planet of our making--and how rapidly the transformation is still happening. * Washington Post *Table of Contents1. Epochal Transitions 2. Populations 3. Agricultures and Diets 4. Energies 5. Economies 6. Environment 7. Outcomes and Outlooks

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Book SynopsisLike all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. How had our models so utterly failed us? Virtually every day, we make wagers on the future - but, even when we''re not driven by factors entirely beyond our conscious control, the maps by which we are steering are often out-of-date. The Map and the Territory is an important attempt to update our forecasting conceptual grid using twenty-first-century technologies, offering a lucid and empirical grounding in what we can know about economic forecasting and what we can''t.

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Book SynopsisWhy has inequality increased in the Western world - and what can we do about it? This title argues that inequality is a choice - the cumulative result of unjust policies and misguided priorities. It exposes the inequality that is afflicting America and other Western countries in thrall to neoliberalism.

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Book SynopsisToday Adam Smith, author of the Wealth of Nations, is associated with the promotion of self-interest and a defence of greed. Yet if Smith is actually read this is more a caricature than a faithful portrait. Berry offers a balanced and nuanced view of this seminal thinker, set against contemporary European history, politics, and philosophy.Trade ReviewThe book certainly delivers on being a "stimulating and accessible account" of Smith's context and work and therefore every library must acquire a copy. * Alex M. Thomas, Indian Journal of Human Development *Christopher Berry provides a clear and thorough guide to all of Adam Smith's major works, as well as their social and intellectual context. The level of detailed attention, to texts and issues, is indeed remarkable, given the brevity of the book. This is a first-rate introduction, which has something to offer to college students and seasoned scholars alike. * Sam Fleischacker, author of On Adam Smith's Wealth of Nations: A Philosophical Companion *Table of Contents1: Life and times 2: Communication and imagination 3: Sympathetic spectators 4: Living virtuously 5: Making and working 6: Trading and spending 7: Legacy and reputation References Further reading Index

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Book SynopsisTomas Sedlacek has shaken the study of economics as few ever have. Named one of the Young Guns and one of the five hot minds in economics by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil.In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it''s actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. Even the most sophisticated mathematical model, Sedlacek writes, is, de facto, a story, a parable, our effort to (ratTrade Review"Sedlacek takes mainstream economics as his clay, digging both his arms in up to the elbows in an attempt to explain the beliefs and ethical values underlying modern economics." - The New York Times "There has long been a profound moral drive in Czech culture, seeking an ever larger view of the human, and trying to break through conceptual barriers to do so. In this sinewy and marvelous voyage of discovery, Tomas Sedlacek calls us all to think more imaginatively, more fully, and more concretely about economics than we have done for many generations. Many thinkers, including not a few economists, will be stimulated to new explorations by this book." -Michael Novak, author of The Spirit of Democratic Capitalism "Economics of Good and Evil is an enchanting tour de force, offering the general public an unusual, erudite, and riveting view of the world. Scientists and scholars can choose how to read this book: either condemn it for its lack of a rigidly and traditionally scientific approach, or accept it as an invigorating elixir providing inspiration and vision for further study. I take it as the latter and I am certain the public will too." - Jan Svejnar, Professor of Business, Economics and Public Policy, University of Michigan "A widely admired economist who sits on the National Economic Council in Prague radically rethinks his field, challenging assumptions about the business world in this work, a bestseller in the Czech Republic."-Publishers Weekly "Tomas Sedlacek proposes no less than a 'humanomics,' a view of our fate in this world of scarcity that takes account of human stories and philosophies. Economists have crippled themselves by their lack of scholarly breadth, and their 'scientific' disdain for human words. Sedlacek, who ranges from the epic of Gilgamesh to the movie The Matrix, cannot be accused of lack of breadth. What is most impressive, though, is his depth, drilling down into the soul of economics." -Deirdre McCloskey, author of Bourgeois Virtues: Ethics for an Age of Commerce and The Cult of Statistical SignificanceTable of Contentsoreword by Vaclav Havel ; Acknowledgments and Thanks ; Introduction ; PART I: Ancient Economics ; Chapter 1: The Epic of Gilgamesh: On effectiveness, Immortality and the Economics of Friendship ; Chapter 2: The Old Testament: Earthliness and Goodness ; Chapter 3: Ancient Greece ; Chapter 4: Christianity: Spirituality in the Material World ; Chapter 5: Descartes the Mechanic ; Chapter 6: Bernard Mandeville's Beehive of Vice ; Chapter 7: Adam Smith, Blacksmith of Economics ; PART II: Blasphemous Thoughts ; Chapter 8: Need for Greed - The History of Want ; Chapter 9: Progress and Sabbath Economics ; Chapter 10: The Axis of Good and Evil and the Bibles of Economics ; Chapter 11: The History of the Invisible Hand of the Market and Homo Oeconomicus ; Chapter 12: The History of Animal Spirits - the Dream Never Sleeps ; Chapter 13: MetaMathematics ; Chapter 14: Masters of Truth: Science, Myths and Faith ; Conclusion: Where the Wild Things Are ; Bibliography ; Index

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Book SynopsisA study of how investment in an individual's education and training is similar to business investments in equipment. This edition has four new chapters, covering topics including: human capital, fertility and economic growth, the division of labour and economic considerations within the family.

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Book SynopsisTrade Review“A fascinating, readable biography of Friedrich Hayek. . . The book punctures some long-standing myths about Hayek . . . [and] deserves a wide audience.” * The Economist *“An engrossing story . . . [and] as detailed an account of the first half of Hayek’s life as anyone could ask for.” * Literary Review *“A propulsive read. The authors are expert guides to Hayek’s intellectual evolution. . . . [but] they are also perceptive guides to Hayek’s private life. . . . Caldwell and Klausinger have triumphantly succeeded.” * Prospect *“No one is likely to repeat this feat. . . . This is the definitive Hayek for our times.” -- Robert Skidelsky * Spectator *“The story, presented here with more detail than anyone has previously unfolded, is a simple and tragic one. . . . [Hayek’s] was a spectacular achievement, but one, in the end, that could not have been made by a gregarious man of deep friendships and profound personal commitments.” * Times Literary Supplement *"Anybody curious about [Hayek] is well served by the exhaustive account written by two historians of economic thought." * New Statesman *“A gloriously detailed and thoroughly reliable account of the first half of Hayek’s life.” * London Review of Books *"The first volume of what will surely be the definitive biography of Friedrich von Hayek. . . a deeply impressive work." * Project Syndicate *"In mind-stunning detail . . . Caldwell and Klausinger tell everything about Hayek's youth you wanted to know but were afraid to ask." -- Deirdre Nansen McCloskey * Reason Magazine *"The Hayek who emerges from this text is somewhat of a charming loner who maintained distance between himself and all but a small number of individuals . . . The fullness of Caldwell and Klausinger’s picture of Hayek’s life and ideas owes much to their comprehensive study of primary sources." * Law & Liberty *"Much has been written about Hayek’s work, but Hayek: A Life, 1899-1950 by Bruce Caldwell and Hansjoerg Klausinger stands as the definitive intellectual biography of Hayek." * History of Economic Ideas *"The biography excels in the way it embeds Hayek in his familial and social setting, and it demonstrates the extent to which his work was shaped, mainly in critical response, to the major intellectual developments of his age. Caldwell and Klausinger tell the story by providing a rich context of Hayek’s intellectual endeavors, first in Vienna and subsequently in London." * Independent Review *"One of the best biographies of any economist, covers anything you might wish to know, and with conceptual understanding. This is a fantastic book." * Marginal Revolution *"Caldwell and Klausinger have created an authoritative and superbly researched biography about one of the greatest intellectuals of the twentieth century . . . Based on tireless archival work, the authors have painstakingly assembled innumerable existing details regarding Hayek’s life and scientific work from an astonishing array of sources in order to create a coherent picture of one of the most complex and intriguing social scientists. This makes the book a thoughtful work and one of the finest biographies of economists." * Journal of the History of Economic Thought *“A magnificent achievement. Caldwell and Klausinger bring Hayek alive; they also bring his world alive. This is riveting reading, taken as biography, and it’s much more than that. It casts a bright new light on Hayek’s era, and on our own.” -- Cass R. Sunstein, coauthor of 'Nudge: Improving Decisions about Health, Wealth, and Happiness'“Hayek: A Life, 1899–1950 is a triumph of both scholarship and biography. Caldwell and Klausinger have given us an instant classic, sure to stimulate and enrich debates about this most controversial, and still misunderstood, economist and social philosopher.” -- Joel Isaac, author of 'Working Knowledge: Making the Human Sciences from Parsons to Kuhn'"Admirers and opponents of Hayek alike will find much to savor in this deeply researched, sweeping biography. Even readers who well know Hayek and his times will be enlightened and enriched." -- Jennifer Burns, author of 'Goddess of the Market: Ayn Rand and the American Right'“Hayek: A Life, 1899–1950 is brilliant, comprehensive, and engaging. For any historian, social scientist, or philosopher interested in how ideas shaped the twentieth century and how the events of the twentieth century framed intellectual discourse, this is a must-read." -- Peter Boettke, author of 'Living Economics: Yesterday, Today, and Tomorrow'“By far the most careful and comprehensive treatment of his early life and works, Hayek: A Life, 1899–1950 is an invaluable resource, full of remarkable discoveries.” -- Angus Burgin, author of 'The Great Persuasion: Reinventing Free Markets since the Depression'"A profound and trustworthy biography.” * Frankfurter Allgemeine Zeitung *“A monumental biography.” * Future of Freedom Foundation *"Excellently researched . . . this biography offers exciting insights.” * Der Standard (Austria) *"As the authors state, they intended this to be the definitive biography and they have achieved this ambition." * The Enlightened Economist *"This is without any doubt an out-standing biography that should become the go-to account of Hayek’s life as an economist." * Business Economics *A 2022 Notable Book * Seminary Co-Op *"This book is in every sense a monumental undertaking, for which we should be profoundly grateful." * The Critic *"This first volume of a monumental recounting of his life and thought will contribute to establishing [Hayek] firmly as one of the principal economists of the twentieth century." * Economic Affairs *“A fascinating hybrid between personal and intellectual biography . . . the biography is a major publishing event for everyone interested in Hayek’s intellectual development . . . We can now contemplate more deeply and with greater confidence the question as to what made Hayek a prominent economist, indeed one of the most accomplished and lauded economists of the twentieth century.” * History of Economics Review *"This biography contains wonderful material for understanding both the strengths and the limits of Hayek’s thought as it developed up to 1950. It is a major contribution to Hayek studies." * The European Journal of the History of Economic Thought *"This biography is remarkably comprehensive, and is of first-rate quality. It is, for such a scholarly work, surprisingly readable, and should be a key port of call for all students interested in Hayek’s work. Just because of the complexity of Hayek’s work, and the way in which ideas in different fields are interconnected, this study seems to me equally important for those who are sympathetic towards Hayek, as well as those who wish to make effective criticisms." -- Jeremy Shearmur * Society *"Hayek: A Life is crucial read for understanding liberal economic thought in the twentieth-century and how it influenced much of the economic thinking of Cold War era conservatism and capitalism, the politics of freedom and anti-communism, and continues to be an alluring alternative to the soft centralism and managerialism of new establishment erected in the aftermath of the Cold War and War on Terror." * VoegelinView *Table of ContentsIntroduction Part I. A Viennese Youth 1. A Fin-de-Siècle Wedding 2. Family Life 3. At School 4. Austrian Politics and Anti-Semitism 5. At War Part II. A Broadening of Horizons 6. Back at Home in Postwar Austria 7. The University of Vienna 8. The Peripatetic Student: Fritz at University 9. Mises and the Geistkreis 10. Changes of Scene 11. The Trip to America Part III. The Making of an Economist 12. Return to Vienna 13. Hella Joins the Family 14. At the Institute for Business Cycle Research 15. The Young Academic Part IV. Hayek in 1930s England 16. Hayek Comes to LSE 17. The Encounter with Keynes 18. Defending Economic Theory and Interpreting Hitler 19. Socialism and Knowledge 20. Academic Life at LSE 21. The Battle for Young LSE Minds 22. Hayek and Austria 23. Domestic Affairs 24. The Hayek Family Debates Politics Part V. Fighting the Spirit of the Age 25. Liberalism: Its Adversaries and Allies 26. Hayek and London Go to War: The Abuse and Decline of Reason 27. Cambridge 28. A Sixpence Penguin Volume: The Road to The Road to Serfdom 29. Scientism and Popper 30. The Publication(s) of The Road to Serfdom Part VI. Changing Worlds 31. War’s End 32. Postwar Austria 33. Mont Pèlerin 1947 34. Hayek Looks for a Job 35. 1949—Hayek’s Annus Horribilis 36. Hayek versus Hayek Acknowledgments References Index

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Book SynopsisIn this new edition of his landmark book, Richard Layard shows that there is a paradox at the heart of our lives. Most people want more income. Yet as societies become richer, they do not become happier. This is not just anecdotally true, it is the story told by countless pieces of scientific research. We now have sophisticated ways of measuring how happy people are, and all the evidence shows that on average people have grown no happier in the last fifty years, even as average incomes have more than doubled. In fact, the First World has more depression, more alcoholism and more crime than fifty years ago. This paradox is true of Britain, the United States, continental Europe, and Japan. What is going on? Now fully revised and updated to include developments since first publication, Layard answers his critics in what is still the key book in ''happiness studies''.Trade ReviewUnorthodox, devastatingly straightforward and more provocative of actual thought than 90% of books said to be "thought-provoking". If happiness isn't a political issue, what's the point of politics? -- Andrew MarrA remarkable book ... which effectively trashes the claim of economics to guide policy for a good society ... read it, and take heart -- Simon Caulkin * Observer *Fascinating ... argues that we should make happiness, not growth, the object of our economic policies -- John Kay * Financial Times *

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Book SynopsisA new edition of a book that details the system of transformation underlying the 14 Points for Management presented in Deming's Out of the Crisis.It would be better if everyone would work together as a system, with the aim for everybody to win. What we need is cooperation and transformation to a new style of management.”—from The New Economics for Industry, Government, EducationIn this book, W. Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis. The Deming System of Profound Knowledge, as it is called, consists of four parts: appreciation for a system, knowledge about variation, theory of knowledge, and psychology. Describing the prevailing management style as a prison, Deming shows applying the System of Profound Knowledge increases productivity, quality, and people's joy in work and joy in learning. Another outcome is short-term and long-term success in th

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Book SynopsisTrade Review“To get the most out of the book, you do have to come to terms with McCloskey’s idiosyncratic prose style: simultaneously erudite, conversational and forthright”—Robert Colvile, The Times“Tragically, many of the topics and ideas covered here are ignored by most economists. Happily, Deirdre McCloskey writes about them with great insight, style, and clarity.”—Russ Roberts, author of How Adam Smith Can Change Your Life“Deirdre McCloskey is a truly humane liberal, and these essays show off her philosophy at its best.”—Tyler Cowen, author of Big Business: A Love Letter to an American Anti-Hero "Beginning with the simple but fertile idea that people should not push other people around, Deirdre McCloskey presents an elegant defense of 'true liberalism' as opposed to its well-meaning rivals on the left and the right. Erudite, but marvelously accessible and written in a style that is at once colloquial and astringent."—Stanley Fish, author of The First: How To Think About Hate Speech, Campus Speech, Religious Speech, Fake News, Post-Truth, and Donald Trump“With her usual panache and conviction, Deirdre McCloskey advocates an unfashionably sensible—and humane—political philosophy, reclaiming for the term ‘liberal’ its original meaning. Whatever you call it, the world needs more of her respect for freedom and individual dignity.”—Diane Coyle, University of Cambridge“Deirdre McCloskey’s book thoughtfully advances the important conversation of the Great Enrichment with the substance and style for which she is known.”—Vernon L. Smith, Nobel Laureate in Economics

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Book SynopsisThe Routledge Handbook of Collective Intentionality provides a wide-ranging survey of topics in a rapidly expanding area of interdisciplinary research. It consists of 36 chapters, written exclusively for this volume, by an international team of experts. What is distinctive about the study of collective intentionality within the broader study of social interactions and structures is its focus on the conceptual and psychological features of joint or shared actions and attitudes, and their implications for the nature of social groups and their functioning. This Handbook fully captures this distinctive nature of the field and how it subsumes the study of collective action, responsibility, reasoning, thought, intention, emotion, phenomenology, decision-making, knowledge, trust, rationality, cooperation, competition, and related issues, as well as how these underpin social practices, organizations, conventions, institutions and socTrade Review"This superb handbook provides a broad survey of the scope and direction of the rapidly developing field of collective intentionality. Itself a collective enterprise by a body of international experts, this work is a must read for every student, teacher and researcher working on this exciting new interdisciplinary domain."– John D. Greenwood, CUNY Graduate Center"This collection stands as an excellent record of the state of current research on the subject of collective intentionality. One welcomes the summary statements by some prominent figures in the field of their own seminal contributions, and one is instructed into the directions in which further inquiry is now proceeding. Each of the contributions is well informed, clear, and cogently argued. Taken together they reveal a wider significance of collective intentionality not only in human inquiry but in human affairs." –Carol Rovane, Columbia UniversityTable of ContentsIntroduction Marija Jankovic and Kirk LudwigPart I Collective Action and Intention Introduction to Part I Marija Jankovic and Kirk Ludwig1. Collective Action and Agency Sarah Chant2. Non-Reductive Views of Shared Intention Raimo Tuomela3. Reductive Views of Shared Intention Facundo Alonso4. Interpersonal Obligation in Joint Action Abe Roth5. Proxy Agency in Collective Action Kirk Ludwig6. Coordinating Joint Action Stephen ButterfillPart II Shared and Joint Attitudes Introduction to Part II Marija Jankovic and Kirk Ludwig7. Collective Belief and Acceptance Fred Schmitt8. Shared Values, Interests, and Desires Bryce Huebner and Marcus Hedahl9. Joint Attention John Campbell10. Joint Commitment Margaret Gilbert11. Collective Memory Kourken Michaelian and John Sutton12. Collective Emotions Hans Bernhard Schmid13. Collective Phenomenology Elisabeth PacheriePart III Epistemology and Rationality in the Social Context Introduction to Part III Marija Jankovic and Kirk Ludwig14. Common Knowledge Harvey Lederman15. Collective Epistemology Jennifer Lackey16. Rationality and Cooperation Paul Weirich17. Team Reasoning: Controversies and Open Research Questions Natalie Gold18. Distributive Cognitive Systems Georg Theiner19. Corporate Agency: The Lesson of the Discursive Dilemma Phillip PettitPart IV Social Ontology Introduction to Part IV Marija Jankovic and Kirk Ludwig20. Social Construction and Social Facts Brian Epstein21. Social Groups Paul Sheehy22. Social Kinds Ásta 23. Status Functions John SearlePart V Collectives and Responsibility Introduction to Part V Marija Jankovic and Kirk Ludwig24. Collective Intentions and Collective Moral Responsibility Marion Smiley25. Complicity Saba Bazargan-Forward26. Institutional Responsibility Seumas MillerPart VI Collective Intentionality and Social Institutions Introduction to Part VI Marija Jankovic and Kirk Ludwig27. Institutions and Collective Intentionality Frank Hindriks28. Collective Intentionality and Language Marija Jankovic29. Collective Intentionality in the Law Gideon Yaffe30. Collective Intentionality and Methodology in the Social Sciences Deborah Perron TollefsenPart VII The Extent, Origins, and Development of Collective Intentionality Introduction to Part VII Marija Jankovic and Kirk Ludwig

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Book SynopsisThe marginalization of women in economics has a history as long as the discipline itself. Throughout the history of economics, women contributed substantial novel ideas, methods of inquiry, and analytical insights, with much of this discounted, ignored, or shifted into alternative disciplines and writing outlets.This handbook presents new and much-needed analytical research of womenâs contributions in the history of economic thought, focusing primarily on the period from the 1770s into the beginning of the 21st century. Chapters address the institutional, sociological and historical factors that have influenced women economistsâ thinking, and explore womenâs contributions to economic analysis, method, policies and debates. Coverage is international, moving beyond Europe and the US into the Arab world, China, India, Japan, Latin America, Russia and the Soviet Union, and sub-Saharan Africa. This new global perspective adds depth as well as scope to our understanding of wTrade Review"Every library needs a copy of this Handbook, and it should also find its way into the collections of historians of economics. This book will extend the boundaries of what is sometimes a very narrow field, both by including people who have been excluded, and by asking us to think again about some of the ways we define the field of economics and organize our knowledge of its past. We owe to Kirsten Madden and Bob Dimand, co-editors, as well as all the authors in this collection, a large vote of gratitude." Evelyn L. Forget, EH.Net "Each contributor organizes her own reasoning on the relation between women, history, and economic thought differently, according to different criteria, and it is extremely fascinating, constructive, and promising to see the many ways in which a topic that has still to be fully codified can be approached and categorized."Manuela Mosca, History of Political EconomyTable of ContentsIntroduction Part I Beginning Prior to 1850 Chapter 1 Indian Women’s Agency through Indian Women’s Literature Sheetal Bharat Chapter 2 English Women’s Economic Thought in the 1790s: Domestic Economy, Married Women’s Economic Dependence, and Access to Professions Joanna Rostek Chapter 3 British Women on the British Empire Janet Seiz Chapter 4 Harriet Taylor Mill, Mary Paley Marshall and Beatrice Potter Webb: Women Economists and Economists’ Wives Virginie Gouverneur Chapter 5 Japanese Women’s Economics, 1818-2005 Aiko Ikeo Part II Beginning in the Late 19th Century Chapter 6 Contextualizing women’s economic thought in late Imperial Russia and in the early years of Revolution: 1870-1920 Anna Klimina Chapter 7 Is Equal Pay Worth It? Beatrice Potter Webb's, Millicent Garrett Fawcett's and Eleanor Rathbone’s changing arguments Cléo Chassonnery- Zaïgouche Chapter 8 The Economic Thought of the Women’s Co-Operative Guild Kirsten Madden and Joe Persky Chapter 9 Anecdotes of Discrimination: Barriers to Women’s Participation in Economic Thought During the Late Nineteenth and Early Twentieth Centuries Kirsten Madden Chapter 10 The Point is to Change It: Three Lives of Applied Marxism Zoe Sherman Part III Beginning in the early 20th Century Chapter 11 Women Economists in the Academy: Struggles and Strategies, 1900-1940 Mary Ann Dzuback Chapter 12 Daughters of Commons: Wisconsin Women and Institutionalism Marianne Johnson Chapter 13 Women Economists of Promise? Six Hart, Schaffner and Marx Prize Winners in the Early Twentieth Century Kirsten Madden Chapter 14 Early Women Economists at Columbia University: Contributions in the Struggle for Labor Protection in the Lochner Era Clara Elisabetta Mattei Chapter 15 Chinese Economic Development and Chinese Women Economists: A Study of Overseas Doctoral Dissertations Yue Xiao Part IV Spanning the Mid-20th Century Chapter 16 Austrian School Women Economists Giandomenica Becchio Chapter 17 Placing women’s economics within Soviet economic discourse: 1920s - 1991 Anna Klimina Chapter 18 Ursula Hicks' and Vera Lutz’s contributions to development finance Lucy Brillant Chapter 19 The Two Faces of Economic Forecasting in Italy: Vera Cao Pinna and Almerina Ipsevich Marcella Corsi and Giulia Zacchia Part V Beginning mid-20th, Extending into the 21st Century Chapter 20 The First 100 Years of Female Economists in Sub-Saharan Africa Lola Fowler and Robert W. Dimand Chapter 21 Women Economists of the Arab Homeland Talia Yousef and Robert W. Dimand Chapter 22 The Invisible Ones: Women at CEPAL (1948-2017) Rebeca Gómez Betancourt and Camila Orozco Espinel Chapter 23 Women’s employment in the Informal Sector in Developing Countries: Contributions of Lourdes Beneria and Martha (Marty) Chen Farida Chowdhury Khan Chapter 24 Women’s neoclassical models of marriage, 1972-2015 Shoshana Grossbard

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Book SynopsisBen S. Bernanke’s rise to chair of the Federal Reserve, the massive financial crisis, and the Fed’s bold and effective response.Trade Review"It was a happy chance that this scholar, known for his work on the Great Depression, was chairman of the central banking system of the US during the biggest financial crisis since the early 1930s. His [Bernanke's] new book, The Courage to Act, provides a fascinating account of the effort to save the world from another such catastrophe." -- Martin Wolf, Lunch with the FT - Financial Times"Bernanke's memoir is a crucial document of record that will be invaluable to future historians. As far as any memoir can be, it is an honest and accurate account. There is no hubris or exaggeration: simply a telling of the tale of the most dramatic period in office of any Fed Chairman to date." -- Mervyn King - Prospect"The former chair has penned a lucid account of the crisis and its aftermath... Mr Bernanke’s narrative of his time in office is a lucid, analytical affair… the book provides a robust defence of the Fed’s response to the crisis. Mr Bernanke clearly sees himself as someone who did what was necessary to save the economy from disaster, in the face of a barrage of unwarranted criticism. The result is a book which compels..." -- The Economist"Bernanke was at the helm of the world's most important central bank during the financial crisis of 2007-08... Here he gives a compelling account of what he and the Federal Reserve did and why they did it... the defence of the Fed against its critics is compelling." -- Best Books of 2015 - Financial Times"It was Ben Bernanke, not Gordon Brown, who steered us through the 2008 financial meltdown...the book's most interesting chapters are those that deal with the crisis...Above all, [Bernanke] exuded calm, even when there was plenty of inner turmoil. The calmness comes over in this book, and so does plenty of the turmoil." -- The Sunday Times

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Book SynopsisA leading social critic recounts capitalism’s finest hour and shows us how we might achieve it once again.Trade Review"Kuttner brilliantly brings together two strands of thought: explaining both the economics and politics of global capitalism and how our society has abandoned core principles of fairness and equality. The rise of inequality helped pave the way for Donald Trump—a figure out of step with basic American values. Kuttner reminds us of the urgency with which we need to get back to a more just society." -- Joseph E. Stiglitz, Columbia University, winner of the Nobel Prize in Economics and best-selling author of The Price of Inequality"Conventional wisdom has it that our income disparities and dysfunctional politics are the consequence of inexorable and uncontrollable developments in technology, market competition, and globalization. As Robert Kuttner argues in this superb book, they are instead the result of our own policy choices." -- Dani Rodrik, Harvard University and author of Straight Talk on Trade and The Globalization Paradox"The problem is not liberal trade, but an out-of-control form of globalised capitalism. Democrats must confront this danger now, argues Kuttner, if the political system they treasure is to survive." -- Martin Wolf, The summer in books - Financial Times

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Book SynopsisAn introductory and critical guide to how the economy works, and what this means for us.Trade Review'Stanford is that rare breed: the teacher who changed your life. He has written a book - both pragmatic and idealistic - with the power to change the world' -- Naomi Klein, author of This Changes Everything: Capitalism vs. the Climate and No Logo.'Jim Stanford explains what's worth trusting in economics and what's not in an accessible way. Read this book' -- Steve Keen, Professor and Head, School of Economics, Politics & History, Kingston University, London, U.K.'Helps us understand what the newspapers never explain: how these economic crises are a product of the inequalities and incapacity for social foresight that is capitalism's everyday economics' -- Hilary Wainwright, editor of Red Pepper'Quite simply the best critical introduction to economics you can find' -- Frank Stilwell, Professor Emeritus of Political Economy, University of Sydney, Australia'Clear, compelling, lively and anger-provoking, all at once' -- Robert Pollin, Distinguished Professor of Economics and Co-Director of the Political Economy Research Institute (PERI), University of Massachusetts-Amherst, U.S.A.Table of ContentsAcknowledgements Introduction: Why Study Economics? Part I: Preliminaries 1. The Economy and Economics 2. Capitalism 3. Economic History 4. The Politics of Economics Part II: The Basics of Capitalism: Work, Tools and Profit 5. Work, Production and Value 6. Working with Tools 7. Companies, Owners and Profit 8. Working for a Living 9. Reproduction (for Economists!) 10. Closing the Little Circle Part III: Capitalism as a System 11. Competition 12. Business Investment 13. Employment and Unemployment 14. Inequality and Its Consequences 15. Divide and Conquer 16. Capitalism and the Environment Part IV: The Complexity of Capitalism 17. Money and Banking 18. Inflation, Central Banks and Monetary Policy 19. Paper Chase: Stock Markets, Financialization and Pensions 20. The Conflicting Personalities of Government 21. Spending and Taxing 22. Globalization 23. Development (and Otherwise) 24. Closing the Big Circle 25. The Ups and Downs of Capitalism 26. Meltdown and Aftermath Part V: Challenging Capitalism 27. Evaluating Capitalism 28. Improving Capitalism 29. Replacing Capitalism? Conclusion: A Baker's Dozen: Key Things to Remember Index

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Book SynopsisIn this volume, international experts analyse the politics of conventional military policy and military relations among the Soviet successor states. The work analyses various national perspectives on security and approaches to military affairs

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Book SynopsisThe Life Cycle Hypothesis provides evidence of an ordered process behind the apparent randomness of financial asset price movements, economic fluctuations, and social trends. It shows how genuine information will have a dramatic effect on any system into which it is inserted, and will generate reactions that are essentially pre-programmed.Trade ReviewTony Plummer simply put is a genius. The book shows how, what he calls the Life Cycle, is a specific pattern of cyclical peaks and troughs derived from Gann, that can be applied to a host of areas such as the stock market, bond prices, commodities, the euro and other areas of life. It is too accurate to ignore, and provides a roadmap for the direction of financial markets that everyone (apart from intraday traders perhaps) will be at a great advantage knowing about. It is truly an eye-opener -- Colin Abrams, CMT. TheMarket.co.zaTable of Contents1. William Gann's Hidden Pattern 2. The Symbolic Enneagram 3. The Life Cycle Hypothesis 4. The Human Life Cycle 5. The Effect of Cyclical Fluctuations 6. The Life Cycle in US Equities (1907-74) 7. The Life Cycle in US Equities (1974-present) 8. The Influence of Short Term Trading Cycles 9. The 36 Year Cycle in US Industrial Production 10. The Era of the Great Depression 11. The Rhythms in 10 Year Treasury Notes 12. The 54 Year Commodity Price Cycle 13. The Future of the Euro 14. The Secular Innovation Cycle 15. A Practical Appraisal 16. A Summing Up Appendix I: The Circle of Nines Appendix II: Support and Resistance Levels Appendix III: The Data for Innovation Appendix IV: The S Shaped Learning Curve

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Book SynopsisPower is a multi-dimensional notion, involving politico-institutional, social, economic and cultural elements, leading to a multi-dimensional set of inequalities. Analysis of these elements is a prerequisite for devising policies aiming to reducing social inequalities through a strategy of reformsTrade Review'Finally! - A book on the economy that makes power the centrepiece of the analysis, recognizing its multiple faces, its relationship to accumulation and distribution, its uses and abuses in policy making and in the quotidian functioning of economies at all levels. This will change how you look at the economy - so it is essential reading for everyone, especially economics teachers and students.' Jayati Ghosh, Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi'Economist, historian and political scientist, Alessandro Roncaglia here presents a panorama of power. To paint it, he reaches deep into the history of philosophy and economic thought and of Italian politics and social movements, and presents, in the end, a clear critique of neoliberalism and coherent criteria for progressive reforms.' James K. Galbraith, Professor of Government and Lloyd M. Bentsen Jr. Chair in Government/Business Relations, The University of Texas at AustinTable of Contents1. Introduction; Part I. The Colours of Power: 2. Interpretations and fields of application: the multiple faces of power; 3. The origin of inequalities: the division of labour; 4. Modern capitalist property and finance; 5. The networks; 6. The state; 7. Culture and power; 8. The spatial dimension of power; Part II. Ethical Assessments and Policy Perspectives: 9. The ethics of power between the common good and equality; 10. The strategy of structural reforms; 11. Materials for a reasonable utopia; References; Index.

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Book SynopsisThis book addresses the realities of the circular economy, a resource efficiency concept that has risen to global prominence in academic, policy and business circles over the last decade. Considered an approach to sustainable growth, the volume critically analyses how sustainable emerging applications of a circular economy are in practice.The book stems from an international, interdisciplinary project exploring the discourses, policies, implementation and impacts of the circular economy across public, private and third sector accounts. It draws on a wide range of case studies, from the UK, Portugal, Austria, Italy, the Netherlands, France, Chile, China, Nigeria, Taiwan and Vietnam, highlighting how experiences both shaped and were shaped by the places in which they were happening. It provides a guide to researching a complex phenomenon such as a circular economy, which involves both collaboration and competition between multiple stakeholders across different sectors and place

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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Book SynopsisKeynes's academic articles and reviews on a number of subjects, including India, statistics, World War I and international economics.Table of Contents1. India; 2. Index numbers; 3. Statistics; 4. The First World War and reconstruction; 5. Money; 6. International economics; 7. Miscellaneous reviews.

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Book SynopsisFor the educated reader without formal training in economics, this volume analyses several central principles of economics and how they relate to enduring questions such as poverty, inequality, and sustainability. Discusses common economic mistakes, how we can avoid them, and how doing so can enable public and private prosperity.Trade Review'Otteson, a philosopher, has written for non-economists the best short introduction to economics, and to a wider political economy. It is lucid, generous, open-handed yet thorough, and solidly based scientifically. Come to think of it, most economists should read it, too. They might stop using 'philosophical' as a term of contempt, and get back to an Adam-Smithian depth of understanding.' Deirdre McCloskey, University of Illinois, Chicago'The word 'Deadly' in Otteson's title is no exaggeration. The great frustrations and famines of recent decades have been failures of state management, rather than contradictions of capitalism. Otteson's contribution is to explain why these catastrophes are the result of good intentions, moral misunderstandings, and confusions about what markets can do. As society moves toward reopening the economy and restoring prosperity, this book is essential reading for what might be done, what can't be done, and the things that lie in between.' Michael C. Munger, Duke University'James Otteson is not just a scholar of markets, he is their Mozart. In this compelling tour, Otteson lays out economic principles the way Mozart laid out a sonata. Otteson orders and presents key principles in a fashion any American can understand and appreciate.' Amity Shlaes, author of Great SocietyJames R. Otteson's Seven Deadly Economic Sins is a fine effort to introduce readers to the basic principles of market economics. The hamartiological framing - the 'sins' are bad assumptions about how markets work - is part of the author's effort to make the subject more engaging than a typical treatise on economics. It works. Mr. Otteson, a professor of business ethics at Notre Dame, writes with an apt combination of casual wit and rigorous logic." Barton Swain, The Wall Street JournalTable of ContentsIntroduction; 1. Wealth Is Positive-Sum; 2. Good Is Not Good Enough; 3. There Is No Great Mind; 4. Progress Is Not Inevitable; 5. Economics and/or Morality; 6. Equality of What?; 7. Markets Are Not Perfect; Conclusion. The World and I.

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Book SynopsisReleased in 1984, Steven E. Rhoads'' classic was considered by many to be among the best introductions to the economic way of thinking and its applications. This anniversary edition has been updated to account for political and economic developments - from the greater interest in redistributing income and the ascendancy of behaviorism to the Trump presidency. Rhoads explores opportunity cost, marginalism, and economic incentives and explains why mainstream economists - even those well to the left - still value free markets. He critiques economics for its unbalanced emphasis on narrow self-interest as controlling motive and route to happiness, highlighting philosophers and positive psychologists'' findings that happiness is far more dependent on friends and family than on income or wealth. This thought-provoking tour of the economist''s mind is a must read for our times,providing a clear, lively, non-technical insight into how economists think and why they shouldn''t be ignored.Trade Review'This is a 35th anniversary version of a classic. Rhoads, an emeritus professor of politics at the University of Virginia, has built upon the best explanation I know of how orthodox economists think about choice, markets, externalities and other concepts. The new edition will be valuable to non-economists and economists alike: the former will learn how economists think; and the latter will learn some of the limits to how they think.' Martin Wolf, A Financial Times Book of the Year'Rhoads puts the discipline's core concepts in wonderfully accessible form.' Barton Swaim, A Wall Street Journal Book of the Year'… one of the top 10 big picture economics books of the last 50 years.' David R. Henderson, RegulationTable of ContentsIntroduction; Part I. Useful Concepts: 1. Opportunity Cost; 2. Marginalism; 3. Economic Incentives; Part II. Government and Markets, Efficiency and Equity: 4. Government and the Economy; 5. Economists and Equity; 6. Externalities and the Government Agenda; Part III. The Limits of Economics: 7. The Economist's Consumer and Individual Well-Being; 8. Representatives, Deliberation, and Political Leadership; 9. Conclusion.

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Book SynopsisAround the globe, contemporary protest movements are contesting the oligarchic appropriation of natural resources, public services, and shared networks of knowledge and communication. These struggles raise the same fundamental demand and rest on the same irreducible principle: the common.In this exhaustive account, Pierre Dardot and Christian Laval show how the common has become the defining principle of alternative political movements in the 21st century. In societies deeply shaped by neoliberal rationality, the common is increasingly invoked as the operative concept of practical struggles creating new forms of democratic governance. In a feat of analytic clarity, Dardot and Laval dissect and synthesize a vast repository on the concept of the commons, from the fields of philosophy, political theory, economics, legal theory, history, theology, and sociology.Instead of conceptualizing the common as an essence of man or as inherent in nature, the thread developeTrade ReviewIf we accept the authors’ repeated contention that our present and future are profoundly bleak, we must equally recognize that a new way of engaging our present and future in common is required. This new way of engaging is precisely what Dardot and Laval offer under the name the common—the political principle that informs the collaborative, deliberative activity whereby new customs and institutions may be formed to transcend the social and political conditions threatening humanity and our world itself. * Confluence: The Journal of the AGLSP *The common has emerged as a key concept in 21st century struggles for justice. Dardot and Laval not only explain why, they also inspire us to build and strengthen commoning movements. An important intervention. -- Jodi Dean, Professor of Political Science, Hobart and William Smith Colleges, USA and author of 'The Communist Horizon'In the past few years, movements across the planet have fought bravely for the re-appropriation of plundered and privatized goods, while revitalizing the critique of property, understood as the legal form structuring our political economy and everyday life. Common is a sweeping, erudite and combative attempt to draw the theoretical balance-sheet of these movements and critiques, to anatomize their spontaneous philosophies, and to transform ‘common’ into a political principle for a new model of revolutionary politics that could break through the impasses of contemporary radical thought and practice. An indispensable contribution to one of the central debates of our time. -- Alberto Toscano, Co-director of Centre for Philosophy and Critical Thought, Goldsmiths, University of London, UK and author of 'Fanaticism'What do you do after you have written one of the most devastating criticisms of neoliberal reason? Dardot and Laval’s answer is to turn to the exact opposite to neoliberalism’s reduction of nature to private property and society to competition, to the common. The common is framed here not as something lost in precapitalist mists, or something that only appears sporadically in moments of revolt, but as that which must be instituted and created by practices. There are no shortages of criticisms of the existing order, but Common is the rare book that takes the next step, not just imagining a new world, but showing us the conditions for its creation. -- Jason Read, Associate Professor of Philosophy, University of Southern Maine, USA, author of 'The Politics of Transindividuality'After their massive tome on Karl Marx, Pierre Dardot and Christian Laval strike again, this time with an even more wide-ranging militant investigation into the common. Combining long-term legal and conceptual history with classical and present-day political theory, they invite us to leave behind the habitual focus on either the tragic story of the enclosure of the commons or the heroic example of the Paris Commune and instead argue for an all-encompassing understanding of the common as the pivotal ground for a future politics. This is a must-read for each and everyone interested in the shared practice of instituting new forms of life in common. -- Bruno Bosteels, author of 'The Actuality of Communism'This new and exciting translation of Dardot’s and Laval’s Common: On Revolution in the 21st Century is the best account of the communal idea available in contemporary theory and criticism. Philosophically rich and archeologically exhaustive, it stands as a founding text in the growing field of commons studies that will appeal to a wide variety of teachers, scholars, and activists who share a commitment to exploring a new reason of the common in everyday activities and practices. -- Davide Panagia, Professor of Political Science, University of California Los Angeles, USATable of ContentsIntroduction: The Common: A Political Principle Chapter 1: Archaeology of the Common PART 1: The Emergence of the Common Chapter 2: The Communist Burden; or Communism Against the Common Chapter 3: The Great Appropriation and the Return of the “Commons” Chapter 4: Critiquing the Political Economy of the Commons Chapter 5: Common, Rents, and Capital PART 2: Law and Institution of the Common Chapter 6: The Law of Property and the Unappropriable Chapter 7: Law of the Common and “Common Law” Chapter 8: The “Customary Law of Poverty” Chapter 9: The Workers’ Common: Between Custom and Institution Chapter 10: Instituent Praxis PART 3: Nine Political Propositions Postscript on the Revolution of the 21st Century Index

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Book SynopsisThis highly visual, full-colour guide contains everything you can learn in an Economics degree, made accessible and entertaining by economics expert Elaine Schwartz. Packed with flow diagrams, infographics, pull-out features and handy timelines, this book makes learning the subject easier than ever. It covers the whole breadth of the subject at degree level, covering market equilibrium, economic policy, comparative development and more. It also includes profiles of prominent economists, including Adam Smith, John Maynard Keynes and Einor Ostrom, and the contributions they have made to economic theory. By the time you finish this book, you will be able to answer questions such as: • How do supply and demand work?• What is monetary policy?• Is GDP the best measure of success?• What are the costs and benefits of globalization?A Degree in a Book: Economics is perfect for both students and those wi

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Book SynopsisLife Cycle assessment (LCA) is a tool for environmental decision-support in relation to products from the cradle to the grave. Until now, more emphasis has been put on the inclusion quantitative models and databases and on the design of guidebooks for applying LCA than on the integrative aspect of combining these models and data.Trade Review"Heijungs and Suh's Computational Structure of Life Cycles Assessment fills a gap in the methodological literature supporting life-cycle assessments (LCA). It provides a consistent approach, terminology, and notation previously lacking and only partially addressed by archival literature and standardization efforts. Much of the book focuses on the computational aspects of inventory analysis using linear algebra. The construction has atleast three advantages. First, the method is compatible with current inventory data collection and management practices…Second, the computational structure forces the practitioner to account for the full life cycle of material and energy flows and explicitly accounts for "complications"….Third, the matrix structure facilitates impact assessment and interpretation as currently applied by LCA practitioners…Even though the linear algebra concepts used are quite basic, the text is really designed for the atleast somewhat experienced LCA practitioner or the graduate student with some level of comfort in applying mathematical models to complex systems…Finally, the computational structure presented is complete in taking the practitioner from inventory analysis through interpretation.. Practitioners who read this text will benefit from the author’s experiences in applying LCA and developing LCA methods…" Journal of Industrial Ecology, 7:2 (2003)Table of ContentsPreface. 1. Introduction. 2. The basic model for inventory analysis. 3. The refined model for inventory analysis. 4. Advanced topics in inventory analysis*. 5. Relation with input-output analysis*. 6. Perturbation theory. 7. Structural theory. 8. Beyond the inventory analysis. 9. Further extensions*. 10. Issues of implementation*. A. Matrix algebra. B. Main terms and symbols. C. Matlab code for most important algorithms. References. Index.

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Book SynopsisThink Freakonomics meets The Undercover EconomistThe Inner Lives of Markets is a journey into the mysterious corners of everyday economics. Who buys, who sells, why it matters, when it works, and what to do when it breaks.Trade ReviewAll of the economics covered in this delightful book is described clearly and with a lovely lightness of touch. * The Enlightened Economist *They start to make the case with a quick, and exceedingly engaging, tour of economic history... the book does a good job of showing the limitations of narrow economic theory, since markets rarely feature rational people with perfect knowledge. -- Gillian Tett, Financial Times

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Book SynopsisRising inequality is the defining feature of our age. With the lion’s share of wealth growth going to the top, for a growing percentage of society a middle-class existence is out of reach. What exactly are the economic shifts that have driven the social transformations taking place in Anglo-capitalist societies? In this timely book, Lisa Adkins, Melinda Cooper and Martijn Konings argue that the rise of the asset economy has produced a new logic of inequality. Several decades of property inflation have seen asset ownership overshadow employment as a determinant of class position. Exploring the impact of generational dynamics in this new class landscape, the book advances an original perspective on a range of phenomena that are widely debated but poorly understood – including the growth of wealth inequalities and precarity, the dynamics of urban property inflation, changes in fiscal and monetary policy and the predicament of the “millennial” generation. Despite widespread awareness of the harmful effects of Quantitative Easing and similar asset-supporting measures, we appear to have entered an era of policy “lock-in” that is responsible for a growing disconnect between popular expectations and institutional priorities. The resulting polarization underlies many of the volatile dynamics and rapidly shifting alliances that dominate today’s headlines.Trade Review“Adkins, Cooper and Konings make a timely and persuasive attack on generational and electoral understandings of contemporary class conflict and class reproduction. This is a must read for understanding the politics around the increasingly Minsky-like dynamics of the housing market.”Herman Mark Schwartz, University of Virginia “In teasing out the logic of the booming asset economy, Lisa Adkins and her co-authors brilliantly update the analysis of class and inequality for the twenty-first century. This outstanding book will prove a vital point of reference to academics, students, and the wider public.”Mike Savage, London School of Economics“A timely, engaging and important book. If treated with the seriousness it deserves, The Asset Economy should set the agenda for future socio-logical studies of class and inequality concerned with their economic reproduction.”Sociology“This book offers an important and timely analytical lens by which we can better theorize the growth of contemporary inequality and exploitation.”Uneven Earth“a highly readable and timely intervention”LSE Review of Books“The book is an enjoyable read while persuasively and concisely unpacking the very foundations underpinning current societal challenges of inequality. A must read, not only for scholars interested in housing and the political economy of drivers of inequality, but highly recommended for all those implicated in the socio-economic structure it unpacks – in other words, everyone.”International Journal of Housing Policy“Excellent” Annie Lowrey, The AtlanticTable of Contents1. Introduction 2. Asset Logics 3. The Making of the Asset Economy 4. New Class Realities 5. Conclusion References

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Book SynopsisMore and more people have turned to Marxian economics in recent years. But isn’t it a defunct branch of the ‘dismal science’, disproven by the experience of the past 150 years, of no interest to anyone except historians? In this book, David Ruccio demonstrates why the answer to that question is a resounding ‘no’. He offers a clear and accessible introduction to the basic concepts and theoretical strategies of Marxian economics, its key differences from mainstream economics, and its many applications to the real world. Focusing on Marx’s critique of both mainstream economic theory and capitalism, Ruccio extends that analysis to contemporary topics—from inequality and economic crises to racial capitalism and the climate crisis—and outlines the key debates among Marxian economists. He concludes with a discussion of the ways Marxian economists today think about the possibility of moving beyond capitalism. The book is suitable for students and professors, as well as readers outside the academy interested in learning about Marxian economics. It will be useful both as a stand-alone text and as a companion to reading Capital.Trade Review“This is a very important, timely book. Capitalism's three crashes since 2000 plus its ever-deepening inequalities lead people everywhere to seek the kinds of critical analysis Marx exemplified and that David Ruccio has built upon. Ruccio is well prepared and positioned to bring a powerful and directly relevant Marxian economics to a time that needs it more than ever.”Richard D. Wolff, University of Massachusetts, Amherst, and founder of Democracy at Work “Marxism remains central to our understanding of capitalism and the inequities it creates. Marxism as a theory also requires regular scrutiny and rethinking as economies evolve. Ruccio's book provides both a solid treatment of the basic principles and the foundations for the rethinking that must be part of any meaningful paradigm. Amidst the vast literature, this book is a standout. It is sophisticated and accessible, crisply written and consistently relevant.”William Milberg, The New School for Social ResearchTable of ContentsAbout the AuthorPrefaceAcknowledgementsGlossaryReferencesVariablesPart 1Chapter 1 Marxian Economics TodayChapter 2 Marxian Versus Mainstream EconomicsChapter 3 Origins of the Marxian Critique of Political EconomyPart 2Chapter 4 Commodities and MoneyChapter 5 Surplus-Value and ExploitationChapter 6 Profits, Wages, and Distribution of Surplus-ValuePart 3Chapter 7 Applications of Marxian EconomicsChapter 8 Debates in and around Marxian EconomicsChapter 9 Transitions to and from CapitalismNotesIndex

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Book SynopsisDrawing up alternate ways to “make a living” beyond capitalism To live in this world is to be conditioned by capital. Once paired with Western democracy, unfettered capitalism has led to a shrinking economic system that squeezes out billions of people—creating a planet of surplus populations. Wageless Life is a manifesto for building a future beyond the toxic failures of late-stage capitalism. Daring to imagine new social relations, new modes of economic existence, and new collective worlds, the authors provide skills and tools for perceiving—and living in— a post-capitalist future. Forerunners: Ideas FirstShort books of thought-in-process scholarship, where intense analysis, questioning, and speculation take the leadTrade Review"This lucid and penetrating study not only lays bare the critical features of our decaying social order and its historical roots, but also provides valuable guidelines for the task of ‘seizing our autonomy back’ in a world of justice, freedom, communal life, and human dignity. Perceptive and enlightening, and a ray of light in dark times."—Noam Chomsky

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Book Synopsis'Superb' - Tim Harford, author of How to Make the World Add Up Money is essential to the economy and how we live our lives, yet is inherently worthless. We can use it to build a home or send us to space, and it can lead to the rise and fall of empires. Few innovations have had such a huge impact on the development of humanity, but money is a shared fiction; a story we believe in so long as others act as if it is true.Money is rarely out of the headlines – from the invention of cryptocurrencies to the problem of high inflation, extraordinary interventions by central banks and the power the West has over the worldwide banking system. In Money in One Lesson, Gavin Jackson answers the most important questions on what money is and how it shapes our world, drawing on vivid examples from throughout history to demystify and show how societies and its citizens, both past and present, are always entwined with matters of money.‘A highly illuminating, well-researched and beautifully written book on one of humanity’s most important innovations’ – Martin Wolf, chief economics commentator, Financial TimesTrade ReviewDelightful and deep, Money in One Lesson is a superb account of the strange connections between money and economics -- Tim Harford, author of How to Make the World Add UpThis is a highly illuminating, well-researched and beautifully written book on one of humanity’s most important innovations. People both love and hate money. But mostly, they fail to understand it. Such ignorance is not bliss. Happily, this book will go far to cure it -- Martin Wolf, chief economics commentator, Financial TimesA lucid exposition of a widely misunderstood topic, liberally illustrated with nuggets of intriguing information -- John Kay, economistGavin Jackson has written that rarest of things: an intellectually rigorous and informative book on a technical subject that is also a pleasure to read. Anecdotes, stories and history bring money to life -- Duncan Weldon, author of Two Hundred Years of Muddling ThroughA lucid and at times very funny history of money * Stephen Bush, Financial Times *

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Book SynopsisIn the ruins of the 2007-2008 financial crisis, progressives the world over clamoured to resurrect the economic theory of John Maynard Keynes. The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation. Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge needed to rescue us. But what it was supposed to rescue us from was not so clear. Was it the end of capitalism or the end of the world? For Keynesianism, the answer is both. Geoff Mann's In the Long Run We're All Dead is a thoroughgoing critique of Keynes for our post-crash world, and an accessible and historically grounded introduction to his masterwork The General Theory of Employment, Interest, and Money. Mann argues that Keynesianism is thus modern liberalism's most persuasive internal critique, meeting two centuries of crisis with a proposal for capital without capitalism and revolution without revolutionaries.Trade ReviewThere have been many biographies of Keynes and many histories of the 'Keynesian revolution in government'. Mann's book belongs to neither category. Brilliant.compelling. -- Adam Tooze * London Review of Books *A detailed, fast-flowing account of how repeatedly guileful Keynesianism crisis management has saved the elite by reengineering tragedy . rewarding reading. -- Danny Dorling, author of Inequality and the 1%Mann's treatment of Keynes is a very interesting effort to situate his work in a longer political and philosophical debate going back to the French revolution. He treats Keynesianism as the alternative to economic collapse and/or revolution and argues that insofar as leftists have come to embrace it, they have quite explicitly given up hope for an alternative to capitalism. -- Dean Baker, author of The End of Loser LiberalismMann makes it clear that Keynes's critique of liberalism can be found already in Hegel; and that now we need to leave behind the caution of the great philosopher and the great economist, thus realizing a radical alternative to capitalism. This is a provocative, original and brilliant book. -- Domenico Losurdo, author of Liberalism: A Counter-HistoryUrgent and lucid . A bravura inquiry into the intellectual history of the present and the ambiguous vitality of Keynes's General Theory. -- Alberto Toscano, author of Fanaticism: On the Uses of an IdeaA critical rereading of Keynes, who comes across less as the liberal reformist intent on keeping capitalism (and the bourgeois order) intact, than someone attentive to the tensions within the system and, for all of its flaws, fearful of the grave dangers of leaping toward an unknown revolutionary future. In the Long Run We Are All Dead makes for a startling, bracing and important read. -- Michael J. Watts, University of California, BerkeleyThey say that we are all Keynesians in a foxhole, but In the long run we are all dead goes much deeper. Profound and provocative, the book turns political and intellectual history inside out, offering nothing short of an original critique of the political economy of liberal government and capitalist modernity. Far from a pedantic discussion of what Keynes really meant, Mann takes us from Hegel to Picketty, and much in between, in search of what Keynes and Keynesianism really mean. His answers are sometimes surprising, occasionally unsettling, and never less than urgently relevant. -- Jamie Peck, University of British ColumbiaGeoff Mann's fascinating, if idiosyncratic, account of Keynesianism is punctuated by long forays into the history of philosophy, the history of the French Revolution and the history of economic thought. The book is broad in scope and imaginative. And the co-existence of poverty and plenty is just one of several overarching tensions animating the account. -- Michal Rozworski * Canadian Centre for Policy Alternatives *Geoff Mann's stimulating book identifies a current of critical thought which stretches at least from the French Revolution, through Hegel and Keynes, to the present. -- Bill Dunn * Antipode *In Geoff Mann's account, Keynesianism ultimately helped sever economists from their own rich tradition of heretical political philosophy and reduced them to platitudinous apologists for plutocracy...[this] is more provocative for what it implies, and sometimes outright asserts, about contemporary economics and the precarious civilization it promises to preserve. -- Matt Seybold * Los Angeles Review of Books *Geoff Mann is well aware of the distinctions between Keynes the man, his work, and 'Keynesianism.' But his book on Keynesianism, In the Long Run We Are All Dead, is quite deliberately more about the 'ism' than the man. -- Mike Beggs * Jacobin *Enjoyable ... will appeal to general readers as well as those with specialist knowledge ... Readers who want to find the answers to radical critiques of Keynesianism will be inspired by the book's robust discussions of questions around revolution, political economy and liberty. * Financial Times *

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Book Synopsis'[A] tale of cloak and dagger intrigue, intense rivalries and political machinations you'd expect in a spy thriller.' Engineering & TechnologyGross Domestic Product is failing. For decades it has rewarded environmental destruction and obscured inequality. Its formula can be-and has been-gamed to the detriment of developing countries.In this powerfully argued book, now updated with a new chapter, science writer Ehsan Masood shows how GDP fell from the path envisaged by its architects, and how its long-term misapplication has kept large parts of the world in poverty, while helping accelerate global warming and biodiversity loss.As the world rebuilds after the coronavirus pandemic and the accompanying global recession, our need for a more sustainable and inclusive measure of economic growth has never been greater. Change must come if we are to break the cycle. With clarity and passion, Masood shows how we can update GDP for a better future.[previously published as The Great Invention in North America]Trade Review'Masood contends that GDP is a bill of goods the developed world foisted on emerging nations. It is flawed, he argues, because the monetary value of all goods and services produced in a country makes no reference to social well-being or inequality. Masood is also troubled by GDP's failure to consider the environmental damage that is, at times, a byproduct of growth. Many of Masood's criticisms have merit. He presents some interesting alternatives. He favors revolutionary change.' -- Roger Lowenstein, Wall Street Journal, USAIf you ever thought that economic policy could never make for gripping drama, try reading this book. -- Khurram Husain, DawnEhsan Masood unveils the genesis of GDP and how it shaped the modern economic paradigm. It comes at a time when a growing number of people are questioning this flawed metric. -- Down to EarthFascinating. Whether happiness should be embedded into decisions on the economy is an important one, and whether GDP should be abandoned in favor of something better is too. Masood's book helps raise those questions and others in a thought provoking manner. That's much needed in every endeavor these days, and needed in few places more than in the economics profession. -- Simon Constable, Forbes, USAAn interesting book. Masood doesn't merely criticize the overreliance on GDP: he also explores ongoing efforts to develop a satisfactory substitute or supplement that would yield a more accurate picture of economic activity and its effects. -- Foreign Affairs, USAIn lively prose, Masood argues that GDP is flawed because it ignores volunteering, housework, environmental degradation, job satisfaction, and income inequality. -- Kirkus ReviewsMasood covers decades of challenges to GDP conventions that make for a fascinating institutional and human story. -- Diane Coyle, NatureMasood's highly readable book is a useful reminder of what GDP is and what it isn't. -- N. Gregory Mankiw, ScienceAfter reading it you'll never be able to treat GDP seriously again. -- Nicholas Stuart, Sydney Morning Herald, AustraliaThe writing is effortless and intriguing. Like a novel, it weaves personal stories and the significance of individuals into a narrative about tectonic shifts in world politics. * Maria Ivanova, Associate Professor of Global Governance at the University of Massachusetts Boston, and author of The Untold Story of the World’s Leading Environmental Institution: UNEP at Fifty *[A] tale of cloak and dagger intrigue, intense rivalries and political machinations you'd expect in a spy thriller.' -- Engineering & Technology[A] persuasive witness for the prosecution in the case against GDP mania. * Business Standard, India *

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Book SynopsisIn this deeply researched and wide-ranging intellectual history, Matthew Watson exposes the essential flaw in the claims of economics imperialists. Their market models reveal mathematical truths only about themselves, not social truths related to the world of directly lived experiences.

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Book SynopsisAndrew Trigg traces the heterodox tradition in economics from its origins in the anti-capitalism ideas of the first half of the nineteeth century, through to Keynes and the present day and considers the methodological challenge they present to mainstream economics.

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Book SynopsisNow a classic of Marxian economics, The Limits to Capital provides one of the best theoretical guides to the history and geography of capitalist development. In this edition, Harvey updates his classic text with a substantial discussion of the turmoil in world markets today.In his analyses of 'fictitious capital' and 'uneven geographical development' Harvey takes the reader step by step through layers of crisis formation, beginning with Marx's controversial argument concerning the falling rate of profit, moving through crises of credit and finance, and closing with a timely analysis geopolitical and geographical considerations.Trade ReviewA thoroughgoing critique, synthesis and extension of the several varieties of crisis theory underwritten by Marx's thought. -- Benjamin Kunkel * London Review of Books *A unique and insightful theory of capital. * Monthly Review *A magnificent achievement, [one of] the most complete, readable, lucid and least partisan exegesis, critique and extension of Marx's mature political economy available. * Environment and Planning *A magisterial work. -- Fredric JamesonDavid Harvey provoked a revolution in his field and has inspired a generation of radical intellectuals. -- Naomi Klein, author of No Is Not Enough and This Changes Everything

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Book SynopsisAdam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production. Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy. This book explores the hidden nature of the knowledge economy and its possible futures.In every part of the production system, the knowledge economy remains a fringe excluding the vast majority of workers and businesses. This confinement has become a driver of economic stagnation and inequality throughout the world. Traditional mass production has stopped working as a shortcut to economic growth. But the alternative-a deepened and socially inclusive form of the knowledge economy-continues to lie beyond reach in even the richest countries. Unger sets out the route to a knowledge economy for the many: changes not just in economic institutions but also in education, culture, and politics. Just as Smith and Marx did in their time, he uses an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.Trade ReviewA restless visionary. * New York Times *The visionary program this new book sets out for universalizing the knowledge economy is not just a nice-to-have, but necessary. The Knowledge Economy is indispensable as a study of how to remedy the political polarization inequality has brought. -- Martin Sandbu * Financial Times *One of the few living philosophers whose thinking has the range of the great philosophers of the past. * Times Higher Education Supplement *Unger's work can offer progressives key resources for exposing the false necessity of the American liberal status quo and thinking constructively about a different progressive vision for the United States. -- Daniel Steinmetz-Jenkins * The Nation *A philosophical mind out of the Third World turning the tables, to become a synoptist and seer of the First. -- Perry AndersonBrazil's answer to John Stuart Mill ... a political philosopher extraordinaire. * Chronicle of Higher Education *His work may someday make possible a new national romance, and a hitherto undreamt-of national future. -- Richard Rorty

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Book SynopsisGreat Economic Thinkers presents an accessible introduction to the lives and works of the most influential economists of modern times: Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, Alfred Marshall, Joseph Schumpeter, John Maynard Keynes, and Nobel Prize winners Friedrich Hayek, Milton Friedman, John Forbes Nash Jr, Daniel Kahneman, Amartya Sen and Joseph Stiglitz. Free from jargon and equations, the book describes key economic concepts – from the role played by the division of labour to wages and rents, cognitive biases, game theory and liberalism – showing how they have come to shape our society today.Table of ContentsIntroduction - D'Maris Coffman 1 Adam Smith - Jonathan Conlin 2 David Ricardo - Helen Paul 3 John Stuart Mill - Joseph Persky 4 Karl Marx - Paul Prew 5 Alfred Marshall - Katia Caldari 6 Joseph Schumpeter - Mario Graca Moura 7 John Maynard Keynes - Victoria Bateman 8 Friedrich Hayek - Scott Scheall 9 Milton Friedman - Victoria Bateman 10 John Forbes Nash Jr - Karen Horn 11 Daniel Kahneman - Michelle Baddeley 12 Amartya Sen - Jonathan Conlin 13 Joseph Stiglitz - Emmanuelle Benicourt References Further reading List of contributors Acknowledgements

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Book SynopsisThe last year has seen the return of inflation as a preoccupation of political decision-makers, economists and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge of price increases. Despite disagreement about what exactly is happening in the economy, there is unanimity that growth must be slowed in order to control inflation. To focus on inflation's return, Paul Mattick looks at past and present, placing current events in the context of capitalism's history. Exploring in novel terms the nature of money itself, he provides a concise, jargon-free understanding of recent inflation, and official efforts to control it, illuminating the state of our contemporary economy.Trade Review'Economic theorists and policy-makers have long misconstrued the causes and cures for inflation. Paul Mattick provides an eye-opening account of that failure, and a brilliant, lucidly presented analysis of the inherently inflationary logic of modern-day capitalism. Indispensable for all those concerned about the welfare of working people.' - Steve Fraser, author of The Age of Acquiescence; 'A reader looking for a clear, well-researched account of the history and theories of inflation and the workings of monetary institutions from a critical, left-wing perspective will not find a better source than Paul Mattick's The Return of Inflation.' - Duncan K. Foley, Emeritus Leo Model Professor of Economics, New School for Social Research.Table of ContentsIntroduction Chapter 1: Money, Goods, and Prices Chapter 2: The Age of Inflation Chapter 3: Theories and Policies Chapter 4: Modern Money Chapter 5: Prices and Profits Chapter 6: From the Great Inflation to the End of Magic Money References Bibliography Acknowledgements Index

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Book SynopsisThe health emergency that broke out in 2020 is a landmark event in the development of capitalism, confirming the underlying change signalled by the Great Crisis of 2007-9. The Pandemic Crisis has catapulted the state to the centre of economic activity. However, a historic impasse is steadily becoming apparent at the core of the world economy Productive accumulation is flaccid, as both profitability and labour productivity are weak. Financialisation has entered a new phase, as "shadow banking" grew relative to other banks but is entirely dependent on the state. The power of the state derives from command over fiat money and can certainly deliver enormous boosts to aggregate demand, but that is not enough to tackle the weakness of the productive sector. The rise in inflation for the first time in forty years indicates the impasse. There is a transparent need for intervention on the supply side, directly challenging capitalist property rights. There is no evidence, however, that the ruling blocs in core countries would engage in such policies.The Pandemic Crisis also brought to the fore fresh divisions of core and periphery across the world economy. Imperialism has assumed new forms, spurred by globally active financial capital and internationalised productive capital. A renewed contest for hegemony has emerged as US power declined. The economic challenge of China will unfold steadily in the years ahead, intensifying political tensions and military rivalries. This book is the work of a research collective comprising authors from several parts of the world. It analyses these vital issues from the perspective of Marxist political economy and puts forth alternative anticapitalist proposals.Trade ReviewA meticulous analysis of what happened when the greatest health crisis since 2018 crashed into the greatest capitalist crisis since 1929. A must read. -- Yanis VaroufakisCapitalism, in its current neoliberal variant, is a perfectly designed system for producing ruinous financial bubbles, massive increases in inequality, and the destruction of the planet. In The State of Capitalism, Costas Lapavitsas and the EReNSEP Writing Collective explain with great scope and force how this has been happening before our eyes for the past 40 years, in all regions of the globe. Critically, they also advance a clear-eyed political program for transcending neoliberalism and building viable democratic socialist alternatives. -- Robert Pollin, Distinguished University Professor of Economics and Co-Director, Political Economy Research InstituteThe State of Capitalism provides an elegant and exhaustive analysis of the changing faces of financialization, neoliberalism, state power and US empire - and how the left must adapt and respond. Lapavitsas develops a typically brilliant and incisive narrative on the transformation of global capitalism since the turn of the century, and shows how these changes formed the foundations of the era of perennial crisis in which we now live. -- Grace BlakeleyIf you wish to conclude your year consolidating your understanding of the world economy and its geopolitical elements, this book certainly offers the opportunity to do so. It is well written and easily accessible to the non-economist. -- Mathew D. Rose * Brave New Europe *

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